Folgers, I don't think it's treble being too high. However as a first diagnostic step, put all your tone controls on flat or 0db change. The fact it happens with both M60s and QS8s (albeit less with M60s) implies a common problem. Your receiver is in common with all those speakers, as is your CD/DVD player.
Can you try other sources, like off-the-air FM, tape, TV, etc? If all those sources do it, that might indicate a receiver problem, and we know your receiver has had problems of a feline variety
Getting a calibration disc and Radio Shack meter is a good idea.